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FranchiseVerdict

Texas Roadhouse vs Outback Steakhouse

Franchise Comparison 2026

Both Texas Roadhouse and Outback Steakhouse are full-service restaurants franchises. Texas Roadhouse requires an investment of $5.4M – $7.9M while Outback Steakhouse requires $4.3M – $8.4M. Neither Texas Roadhouse nor Outback Steakhouse makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Texas Roadhouse B (Above average) and Outback Steakhouse B (Above average).

Investment Range
$5.4M – $7.9M
$4.3M – $8.4M
Franchise Fee
$40K
$40K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
N/A
Total Units
638
688
Unit Growth (YoY)
-6 units
-1 units
Year Began Franchising
1995
1993
FDD Year
2024
2024